Funding

The European Regional Development Fund (ERDF) is a financing instrument focussed on the goals of reinforcing economic and social cohesion by redressing the main regional imbalances through support for the development and structural adjustment of regional economies, including the conversion of declining industrial regions and regions lagging behind, and support for cross-border, transnational and interregional cooperation. In so doing, the ERDF gives effect to the priorities of the European Union.